Han'S Laser Tech A

SHE:002008 China Specialty Industrial Machinery
Market Cap
$9.45 Billion
CN¥69.35 Billion CNY
Market Cap Rank
#2158 Global
#129 in China
Share Price
CN¥67.36
Change (1 day)
-1.95%
52-Week Range
CN¥22.95 - CN¥74.62
All Time High
CN¥74.62
About

Han's Laser Technology Industry Group Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells intelligent manufacturing equipment in China and internationally. The company offers laser marking machines, such as fiber laser marking, UV laser marking, flying marking machine, PCBA and IC and Wafer marking, picosecond laser marking machine, and CO2 laser marking; laser cu… Read more

Han'S Laser Tech A (002008) - Net Assets

Latest net assets as of September 2025: CN¥18.49 Billion CNY

Based on the latest financial reports, Han'S Laser Tech A (002008) has net assets worth CN¥18.49 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥37.50 Billion) and total liabilities (CN¥19.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥18.49 Billion
% of Total Assets 49.29%
Annual Growth Rate 27.76%
5-Year Change 73.26%
10-Year Change 256.23%
Growth Volatility 47.4

Han'S Laser Tech A - Net Assets Trend (2001–2024)

This chart illustrates how Han'S Laser Tech A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Han'S Laser Tech A (2001–2024)

The table below shows the annual net assets of Han'S Laser Tech A from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥17.50 Billion +6.82%
2023-12-31 CN¥16.38 Billion +6.26%
2022-12-31 CN¥15.42 Billion +27.86%
2021-12-31 CN¥12.06 Billion +19.38%
2020-12-31 CN¥10.10 Billion +11.25%
2019-12-31 CN¥9.08 Billion +5.61%
2018-12-31 CN¥8.60 Billion +18.02%
2017-12-31 CN¥7.28 Billion +31.28%
2016-12-31 CN¥5.55 Billion +12.95%
2015-12-31 CN¥4.91 Billion +13.70%
2014-12-31 CN¥4.32 Billion +11.10%
2013-12-31 CN¥3.89 Billion +5.08%
2012-12-31 CN¥3.70 Billion +15.61%
2011-12-31 CN¥3.20 Billion +16.95%
2010-12-31 CN¥2.74 Billion +21.69%
2009-12-31 CN¥2.25 Billion -2.06%
2008-12-31 CN¥2.30 Billion +108.76%
2007-12-31 CN¥1.10 Billion +93.42%
2006-12-31 CN¥568.72 Million +21.31%
2005-12-31 CN¥468.81 Million +13.17%
2004-12-31 CN¥414.27 Million +218.22%
2003-12-31 CN¥130.18 Million +35.38%
2002-12-31 CN¥96.16 Million +53.90%
2001-12-31 CN¥62.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Han'S Laser Tech A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 111795.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.86 Billion 73.46%
Common Stock CN¥1.05 Billion 6.52%
Other Comprehensive Income CN¥322.80 Million 2.00%
Other Components CN¥2.91 Billion 18.02%
Total Equity CN¥16.14 Billion 100.00%

Han'S Laser Tech A Competitors by Market Cap

The table below lists competitors of Han'S Laser Tech A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Han'S Laser Tech A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 15,000,349,121 to 16,138,927,000, a change of 1,138,577,879 (7.6%).
  • Net income of 1,693,900,260 contributed positively to equity growth.
  • Dividend payments of 332,859,233 reduced retained earnings.
  • Share repurchases of 250,149,006 reduced equity.
  • Other comprehensive income decreased equity by 584,108,108.
  • Other factors increased equity by 611,793,966.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.69 Billion +10.5%
Dividends Paid CN¥332.86 Million -2.06%
Share Repurchases CN¥250.15 Million -1.55%
Other Comprehensive Income CN¥-584.11 Million -3.62%
Other Changes CN¥611.79 Million +3.79%
Total Change CN¥- 7.59%

Book Value vs Market Value Analysis

This analysis compares Han'S Laser Tech A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.36x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 1134.69x to 4.36x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.06 CN¥67.36 x
2002-12-31 CN¥0.09 CN¥67.36 x
2003-12-31 CN¥0.14 CN¥67.36 x
2004-12-31 CN¥0.46 CN¥67.36 x
2005-12-31 CN¥0.50 CN¥67.36 x
2006-12-31 CN¥0.58 CN¥67.36 x
2007-12-31 CN¥1.09 CN¥67.36 x
2008-12-31 CN¥2.02 CN¥67.36 x
2009-12-31 CN¥1.91 CN¥67.36 x
2010-12-31 CN¥2.30 CN¥67.36 x
2011-12-31 CN¥2.67 CN¥67.36 x
2012-12-31 CN¥3.22 CN¥67.36 x
2013-12-31 CN¥3.41 CN¥67.36 x
2014-12-31 CN¥3.91 CN¥67.36 x
2015-12-31 CN¥4.51 CN¥67.36 x
2016-12-31 CN¥4.99 CN¥67.36 x
2017-12-31 CN¥6.54 CN¥67.36 x
2018-12-31 CN¥7.80 CN¥67.36 x
2019-12-31 CN¥8.40 CN¥67.36 x
2020-12-31 CN¥9.27 CN¥67.36 x
2021-12-31 CN¥11.05 CN¥67.36 x
2022-12-31 CN¥13.41 CN¥67.36 x
2023-12-31 CN¥14.26 CN¥67.36 x
2024-12-31 CN¥15.43 CN¥67.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Han'S Laser Tech A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 10.50%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.47%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 2.12x
  • Recent ROE (10.50%) is below the historical average (16.36%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 40.90% 24.16% 1.07x 1.58x CN¥19.31 Million
2002 34.44% 19.83% 0.82x 2.13x CN¥23.29 Million
2003 29.51% 13.12% 1.21x 1.86x CN¥24.30 Million
2004 11.33% 11.36% 0.70x 1.43x CN¥5.46 Million
2005 13.55% 10.87% 0.75x 1.66x CN¥15.83 Million
2006 18.05% 10.61% 0.73x 2.34x CN¥40.44 Million
2007 17.17% 11.32% 0.64x 2.38x CN¥70.22 Million
2008 6.93% 7.89% 0.49x 1.78x CN¥-60.04 Million
2009 0.15% 0.16% 0.44x 2.22x CN¥-196.02 Million
2010 15.65% 12.08% 0.57x 2.27x CN¥135.70 Million
2011 20.61% 15.95% 0.60x 2.16x CN¥297.83 Million
2012 18.30% 14.28% 0.66x 1.93x CN¥280.51 Million
2013 15.26% 12.60% 0.65x 1.85x CN¥188.25 Million
2014 17.15% 12.71% 0.77x 1.74x CN¥295.07 Million
2015 15.76% 13.37% 0.74x 1.60x CN¥272.94 Million
2016 14.21% 10.84% 0.67x 1.95x CN¥223.63 Million
2017 23.85% 14.40% 0.82x 2.02x CN¥966.90 Million
2018 20.64% 15.58% 0.58x 2.27x CN¥885.86 Million
2019 7.27% 6.72% 0.53x 2.03x CN¥-240.81 Million
2020 10.04% 8.20% 0.56x 2.19x CN¥4.23 Million
2021 17.16% 12.21% 0.60x 2.34x CN¥832.51 Million
2022 8.61% 8.12% 0.47x 2.26x CN¥-195.88 Million
2023 5.47% 5.82% 0.41x 2.28x CN¥-679.82 Million
2024 10.50% 11.47% 0.43x 2.12x CN¥80.01 Million

Industry Comparison

This section compares Han'S Laser Tech A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Han'S Laser Tech A (002008) CN¥18.49 Billion 40.90% 1.03x $7.08 Billion
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million